Fertilizer prices today June 9, 2022: Fertilizer prices stagnant at high levels, slow trading market

fertilizer prices today, June 9, 2022: Fertilizer prices are stagnant at high levels, the market is slow because many areas have passed the peak fertilization period for Summer-Autumn rice. Traders are collecting potassium for re-export. There is information that SA goods of importers are being gathered in large quantities at the border gate warehouse area on the Chinese side close to the Vietnam border. The price of NPK fertilizer has not shown any signs of cooling down, the lack of apatite ore to produce NPK fertilizer is the main reason why the price of this item remains high. Deputy Director of the Department of Crop Production and Plant Protection (Ministry of Agriculture and Rural Development) Huynh Thanh Dat said that fertilizer is the most important input material in production and cultivation. With current fertilizer prices, fertilizer costs account for 20 – 25% of the cost of rice production in the Mekong Delta, greatly affecting the competitiveness of the product. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

source